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RE: The Wealth Distribution of Bitcoin Will Most Likely Follow the Distribution of the Real World

in #bitcoin7 years ago (edited)

There's also another aspect of cryptos that needs to mentioned here: preservation of purchasing power. Even if the average Joe doesn't get rich from holding cryptos, he/she will still benefit substantially from the preservation of purchasing power, which is not the case with the USD!!

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Yes I like deflationary currencies that can be used and easily spent and transacted with, even if we have to use third parties like bitpay. I want the USD to continue to exist so people can have options.

Well said!

More choice and competition in the space will ultimately benefit the individual user the most. That's what real freedom is after all: choice!